NVR (NVR) FY2022 results: revenue $10.5 billion, up 17.6% on the year
NVR Inc. (NVR) reported revenue of $10.5 billion for fiscal 2022, the year ended 31 December 2022, up 17.6% on the year before. Net income was $1.7 billion, up 39.5%, and diluted earnings per share $491.82. The figures are the company's own, from the 10-K it filed with the SEC on 15 February 2023.
Revenue
$10.5 billion
+17.6% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$1.7 billion
+39.5% on the year
FY2015FY2022
Diluted EPS
$491.82
+53.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,870
1,242
925
+50.5%
Capital expenditure
18.4
17.9
16.1
+3.1%
Free cash flow
1,852
1,225
909
+51.2%
Free cash flow margin
17.6%
13.7%
12.1%
Cash from investing
-27.4
-18.2
-3.9
Cash from financing
-1,905
-1,397
728
Depreciation and amortisation
17.4
19.5
22.0
-10.6%
Share-based compensation
82.5
58.2
50.8
+41.7%
Buybacks
1,500
1,538
371
-2.4%
Diluted shares, weighted
4m
4m
4m
-9.1%
Shares outstanding at period end
3m
3m
4m
-6.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
3,507
3,002
3,103
+16.8%
Debt
915
1,516
1,517
-39.7%
Other liabilities
1,239
1,316
1,157
-5.8%
Total liabilities and equity
5,661
5,834
5,777
-3.0%
Cash and equivalents
2,575
2,637
2,810
-2.4%
Other assets
3,086
3,197
2,967
-3.5%
Total assets
5,661
5,834
5,777
-3.0%
10-K for the year ended 31 December 2022, filed 15 February 2023: the filing.